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E. ADDITIONAL DOCUMENTATION <br /> Applicants will also be required to provide the following documentation. <br /> IllA) Written business plan, including a description of the <br /> business, ownership/management, date established, <br /> products and services, and future plans <br /> /B) Financial Statements for Past Two Years <br /> Profit & Loss Statement <br /> Balance Sheet <br /> C) Current Financial Statements <br /> Profit & Loss Statement to Date <br /> Balance Sheet to Date <br /> J <br /> C) Two Year Financial Projections <br /> F) Personal Financial Statements of all Major Shareholders <br /> `. Profit & Loss <br /> Current Tax Return <br /> )� G) Letter of Commitment from Applicant Pledging to Complete <br /> During the Proposed Project Duration <br /> . H) Letter of Commitment from the Other Sources of Financing, <br /> Stating Terms and Conditions of their Participation in <br /> Project <br /> 1 <br /> (l i A I) Application fee of$5000 (to be returned upon project <br /> completion.) <br /> Note: All Major shareholders will be required to sign personal guarantees if <br /> up front financing of the project is required. <br /> The undersigned certifies that all information provided in this application is true and correct <br /> to the best of the undersigned's knowledge. The undersigned authorizes the City of Elk <br /> River to check credit references and verify financial and other information. The undersigned <br /> also agrees to provide any additional information as may be requested by the City after the <br /> filing of this application. <br /> ApR t Na F iC//i c5 G/441e6 L , , ' / te2-/AV2 A. <br /> By Add//1.0,,, . //% , ALII\ _ a .20 i <br /> Its i !'of i <br /> • <br /> 11 <br />